Platform Fee
Actions where Pre-Markets charges Platform Fees.
Last updated
Actions where Pre-Markets charges Platform Fees.
Last updated
When closing an offer you created, whether it's an offer to buy or sell, you will incur a fee.
This fee is charged only on your claimable collateral or deposit, means the unfilled amount from buyers or sellers.
The smart contract will automatically deduct this fee from that amount when you reclaim your claimable collateral or deposit funds.
When settling buy token order, you are required to pay a platform fee.
This fee is charged only on your settlement amount.
The smart contract automatically deducts this fee when you settle the buy order, enabling you to claim your collateral and the settlement amount.
When you make an offer to buy or fill orders's offer to sell, there's a 2.5% platform fee on the total tokens purchased. This fee is deducted only after the settlement is completed successfully.
When canceling a buy token order due to the seller ghosting you, a platform fee is incurred.
2.5% fee is charged from buyer's deposit and 2.5% fee is charged from seller's collateral.
The smart contract automatically deducts this fee when you cancel the buy order, allowing you to claim both your initial deposit and the compensation.
